Milton Friedman on what government is for
Friedman on the functions government must perform, the ones it should not attempt, and why its solutions so often cost more than the problem.
15 passages in the archive7 checked against the source8 not yet checked
It's very much easier to introduce restrictions and restraints than it is to remove them. It's easier to pass a law than it is to repeal a law and so over the course of time you tend to impose these chains and restraints on yourselves mostly for good reasons. The initial objectives are always good that doesn't mean the outcome is.
The Open MindInterview, 1977, The Open Mind, hosted by Richard Heffner, Episode “A Nobel Laureate on the American Economy” (May 3, 1977)Checked against the sourceWatch itThe existence of a free market does not of course eliminate the need for government. On the contrary, government is essential both as a forum for determining the 'rule of the game' and as an umpire to interpret and enforce the rules decided on.
Capitalism and FreedomBook, 1962, Ch. 1 The Relation Between Economic Freedom and Political Freedom, 2002 edition, p. 15Not yet checkedFrom the political point of view, increased spending may initially be designed to be temporary but few things become more permanent than temporary spending. Hence, the economists are in fact calling for a still higher level of government spending yet, in my view, reducing the scope of government is our most important single objective.
Interview with Milton FriedmanInterview, 1992, Federal Reserve Bank of Minneapolis, The Region, Interview by David Levy, June 1, 1992Checked against the sourceRead the transcriptIn a free society, it is hard for “good” people to do “good,” but that is a small price to pay for making it hard for “evil” people to do “evil,” especially since one man's good is anther's evil.
A Friedman Doctrine—The Social Responsibility of Business Is to Increase Its ProfitsColumn, 1970, The New York Times Magazine, September 13, 1970, Section SM, p. 17Checked against the sourceRead the transcriptHow can thinking people believe that a government that cannot deliver the mail can deliver gas better than Exxon, Mobil, Texaco, Gulf and the rest?
FEO and the Gas LinesColumn, 1974, Newsweek, March 4, 1974; reprinted in the Congressional Record, Extensions of Remarks, February 27, 1974, pp. 4559 to 4560, introduced by Representative John H. Rousselot of California, who gives it as the column of “Newsweek columnist, Dr. Milton Friedman, in the March 4, 1974, issue”; reprinted again in Extensions of Remarks, April 30, 1974, p. 12454, by Representative Steven D. Symms, from The Freeman (Foundation for Economic Education), Congressional Record, February 27, 1974, p. 4560The government solution to a problem is usually as bad as the problem and very often makes the problem worse.
Interview with Milton FriedmanInterview, 1973, PlayboyNot yet checkedNone of this means that government does not have a very real function. Indeed, the tragedy is that because government is doing so many things it ought not to be doing, it performs the functions it ought to be performing badly. The basic functions of government are to defend the nation against foreign enemies, to prevent coercion of some individuals by others within the country, to provide a means of deciding on our rules, and to adjudicate disputes.
Why Government Is the ProblemJournal article, 1993, Hoover Institution Press, Essays in Public Policy no. 39, p. 6Checked against the sourceRead the originalWe have heard much these past few years of how the government protects the consumer. A far more urgent problem is to protect the consumer from the government.
An Economist's Protest: Columns in Political EconomyBook, 1966, p. 107Not yet checkedThe key need in policy-setting is to reverse the growth of government!
An Economist's Protest: Columns in Political EconomyBook, 1966, p. xviNot yet checkedThe need for government in these respects arises because absolute freedom is impossible. However attractive anarchy may be as a philosophy, it is not feasible in a world of imperfect men.
Capitalism and FreedomBook, 1962, Ch. 2 The Role of Government in a Free Society, p. 25Not yet checkedI'm not in favor of no government. You do need a government. But by doing so many things that the government has no business doing, it cannot do those things which it alone can do well. There's no other institution in my opinion that can provide us with protection of our life and liberty. However, the government performs that basic function poorly today, precisely because it is devoting too much of its efforts and spending too much of our income on things which are harmful.
Interview with Milton FriedmanInterview, 1992, Federal Reserve Bank of Minneapolis, The Region, Interview by David Levy, June 1, 1992Checked against the sourceRead the transcriptThe reality is that if you look at every program that the government has adopted in the direction of extending its scope, it took an enormous propaganda campaign by special propaganda groups to get those measures passed. There was no underlining public demand for those measures. On the contrary, the demand had to be created, it had to be developed, it had to be produced. And it was created, it was developed, it was produced, by people… who sincerely wanted to see an expansion in the scope of government.
I say thank God for government waste. If government is doing bad things, it's only the waste that prevents the harm from being greater.
The Open MindInterview, 1975, The Open Mind, hosted by Richard Heffner, Episode “Living Within Our Means” (1975)Checked against the sourceWatch itThere is no place for government to prohibit consumers from buying products the effect of which will be to harm themselves.
I think the government solution to a problem is usually as bad as the problem and very often makes the problem worse.
The government solution to a problem is usually as bad as the problemBook, 1975, p. 6Not yet checked
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